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14490 Memorial Dr
Houston, TX 77079

$2,371,000 USD

General Retail For Sale  •  1,943 SF

Property Details

  • Property Type General Retail
  • Total Building Size 1,943 SF
  • Lot Size 0.34 AC
  • Year Built 2024
  • Cap Rate 4.85 %
27 Transit Score
85 Walk Score

Highlights

Brand-new 20-year absolute NNN lease
10% rental increases every 5 years during the primary term and option periods
Hard corner location with significant visibility on Memorial Drive – 25,369 VPD
Strong franchisee guaranty – HZ Coffee Group, LLC (150+ locations in TX, FL, and UT)
Affluent residential demographics – average household incomes of $120,367 within a 1-mile radius of the subject property
Adjacent to Kroger supermarket and surrounded by other major national retailers including McDonald’s, Chick-Fil-A, Raising Cane’s, and Chase Bank

Property Flyers

Cap Rate: 4.85 %

Public Transportation

AirportDriveWalkDistance
William P Hobby 44 min - 28.9 mi
George Bush Intcntl/Houston 39 min - 30.2 mi
John Andreini 415-274-2715 CP Partners CRE
John Andreini 415-274-2715 CP Partners CRE